A lobby group representing US technology giants has said its members are not yet ready to make the first payment of the country's digital tax due ...
NEW DELHI: A lobby group representing US technology giants has said its members are not yet ready to make the first payment of the country's digital tax due this week, urging New Delhi to defer the move.
Google in particular has been worried as the tax applies on advertising revenue earned overseas if those ads target customers in India. The group argued the tax was"riddled with various ambiguities and interpretational concerns" and it wasn't clear on what amount the companies needed to pay the levy."There are practical difficulties in meeting this timeline," USISPF wrote to the finance ministry in the letter, reviewed by Reuters.
An Indian government source this week told Reuters that New Delhi was committed to implementing the tax.
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